Allstate Journal

Billionaire Carl Icahn bids to Takeover Clorox

New York, August 20 (AllstateJournal.com) – Billionaire investor Carl Icahn is making another attempt to takeover Clorox by getting on its board with ten other directors. In his continuing crusade

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Standard and Poors Equity Research downgrades Commvault Systems from BUY to HOLD

New York, August 20 – (AllstateJournal.com) – Analyst Jim Yin of Standard & Poor’s Equity Research downgrade Commvault Systems (CVLT : NASDAQ) from BUY to HOLD, while reducing their estimates

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SilverCrest Mines BUY, Fair Value and Risk Rating Lowered

New York, August 20 – (AllstateJournal.com) – Analyst Siddharth Rajeev of Fundamental Corp maintains his BUY rating on SilverCrest Mines (TSXV: SVL). The fair value has been reduced from C$2.84

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Rise of Gold and Yen Adds to Recession Fears

New York, August 20 (AllstateJournal.com) – A double-dip recession is looming ahead due to the worsening economic downturn and in this backdrop, investors are looking for safer havens like gold

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Health of European Banks Points to Bleak Outlook

New York, August 20 (AllstateJournal.com) – Global economic recovery is facing a bleak outlook with European banks immersed in government debt and struggling to survive. American financial firms that deal

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US Continues to Witness Bank Foreclosures

New York, August 20 (AllstateJournal.com) – Three banks in the US were closed by US regulators on Friday taking the

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Nikkei Stock Average Tumbles 2 Percent

New York, August 19 (AllstateJournal.com) – Fear of US recession and concerns regarding the state of European banks have fueled

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Another Slide in US Stocks

New York, August 19 – (AllstateJournal.com) – US stocks have taken another beating on Thursday after a worldwide selloff. The

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Crude Oil Prices Fall and Expected to Fall Further Next Week

New York, August 19 – (AllstateJournal.com) – Crude oil prices dropped in New York primarily because of the current stunted

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UniCredit Bank Maintains BUY Rating on Diageo, Full Year Results Preview

London, August 19 (AllstateJournal.com) – Analyst Graeme Eadie of UniCredit Bank maintains his “BUY” rating on Diageo DGE : LSE).

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Surge in Gold Prices Continues

New York, August 19 – (AllstateJournal.com) – August has been the best month after September 1999 for the rise in

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Standard and Poors Faces The Heat For Downgrading US Debt

New York, August 18 (allstatejournal.com) – On August 5 2011, Standard and Poor’s sent financial markets across the world into

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